Hong Kong investors interested to invest in textile market in Vinh Phuc province

Mr.Nguyen Tien Hanh, Deputy Head Office of PPC – Director of Vinh Phuc Investment Promotion Agency has hosted and worked with representatives of Hop Long Apparel Ltd Co., Photo- Nguyen Nam.

Hop Long Apparel Co Ltd., established in 1992 in Hong Kong, specializes in  producing garments, has official headquartered in Hong Kong with  over 20 years’ operating in this field. In addition to factories in Hong Kong and four others factories in China,  this Group also set  the factories in Bangladesh, America and Europe Countries…. Consumer market products garment of Hop Long Apparel spreading all over the world and in the largest cities in China.

At the meeting, Mr. Albert Tang – General Director of Hop Long Apparel co., Ltd. in China – Vietnam has introduced an overview of planned investment projects in Vinh Phuc province. Accordingly, Hop Long Apparel Co., Ltd Co is planning to build the a new apparel manufacturing project in Vinh Phuc with the total investment  estimated at 10 USD million, with an areas of approximately  6ha, the project is expected to begin in production after a year of construction. The project will be completed after three years, after accomplishment, there will be attracted about from 3000 to 5000 workers in the province.

Representatives of Hop Long Apparel Co., Ltd. Heard Vinh Phuc Investment Promotion Agency has introduced an overview on the social economic development situation, transport systems , a strong growing number of industries and receiving  incentives to invest in the province.Mr. Nguyen Tien Hanh also provided with representatives of Hop Long Apparel Co.,Ltd some main information about procedures leased land and infrastructure, in and outside the space industry as well as the general preferential policies to enterprises investment in industrial parks

Regarding the project site selection, Mr. Nguyen Tien Hanh has requested Hop Long Apparel Co., Ltd had better choose investment site in industrial parks and industrial cluster in North West region such as Lo River – Lap Thach where is low cost as well as the more favorable labor recruitment and the project must be ensure that the reasonable land areas so that it was most economical use of land and reduce investment cost.